Company Filing History:
Years Active: 2007-2011
Title: Boaz Maor: Innovator in Auction Systems
Introduction
Boaz Maor is a notable inventor based in Palo Alto, CA. He has made significant contributions to the field of auction systems, holding 2 patents that enhance the efficiency and effectiveness of bidding processes. His innovative methods aim to improve the experience for both bidders and auctioneers.
Latest Patents
Maor's latest patents include a method for allotting an award volume in an auction. This method allocates an award for a given auction round among the highest-ranked bidders, specifically between the first and second bidders. The process involves conducting the auction and distributing the award based on the bidders' ranks and a predetermined divisional arrangement. Additionally, he has developed a method, apparatus, and system for varying an award volume in an auction. This method incentivizes the top-ranked bidders to enhance their bids during the auction. It includes adopting a formula for award allocation that considers the actual bid differential between the first and second ranked bidders, thereby adjusting the award portions accordingly.
Career Highlights
Boaz Maor is currently associated with Ariba, Inc., where he continues to innovate in auction technologies. His work has been instrumental in shaping modern auction practices, making them more competitive and rewarding for participants.
Collaborations
Throughout his career, Maor has collaborated with notable colleagues such as Scott W Atkinson and Sam E Kinney, Jr. These partnerships have contributed to the development of his innovative auction systems.
Conclusion
Boaz Maor's contributions to auction systems through his patents reflect his commitment to innovation in this field. His work not only enhances the bidding process but also sets a foundation for future advancements in auction technologies.